• Established in 1972 · CBPA has over four decades of service to the commercial industrial retail real estate industry
  • WATER BILL SAVING ACT

    Posted: September 29, 2017 | Posted by Crystal Whitfield | No Comments

    On behalf of our industry, we have requested that Governor Brown sign AB 564 (McGuire; D-Healdsburg) which creates the “Water Bill Savings Act.”

    The Act allows local agencies to issue bonds to fund the purchase and distribution of drought tolerant landscapes, upgrades to hot water systems, gray water systems, high efficiency toilets, and high efficiency showerheads at private property within their jurisdictions.

    The property owners and tenants can then repay the fixture upgrades over time through their utility bills. The ability to repay bonds with customer efficiency charges enables those receiving the benefit of reduced bills to pay for efficiency, and create benefits to the water system at scale.

    The Water Bill Savings Act is a voluntary program and will create another tool for local governments to respond to drought that is regionally efficient, financially sustainable, and available to all municipal utilities, large and small.

    We support SB 564 because it will help people save money on water while reducing wasted water and provide a voluntary tool to meet state conservation mandate. SB 564 is a sustainable model for investment in water efficiency.



    What Do You Think. Please Leave a Comment.


    There are no comments yet, please leave one.